Ethereum: Προσπαθεί να ακολουθήσει τα ανοδικά βήματα του Bitcoin
Ethereum rose by 3.22% on Tuesday. Reversing a 3.25% slide from Monday, Ethereum ended the day at $405.74.
It was a relatively range-bound start to the day. Ethereum fell to a late morning intraday low $390.35 before making a move.
Steering clear of the first major support level at $379.73, Ethereum rallied to a late intraday high $411.77.
Ethereum broke through the first major resistance level at $408.99, before easing back to $405 levels.
At the time of writing, Ethereum was down by 0.18% to $405.00. A bearish start to the day saw Ethereum fall from an early morning high $405.76 to a low $404.55.
Ethereum left the major support and resistance levels untested early on.
For the day ahead
Ethereum would need to avoid a fall through the $402.62 pivot to support a run at the first major resistance level at $414.89.
Support from the broader market would be needed, however, for Ethereum to break out from Tuesday’s high $411.77.
Barring an extended crypto rally, the first major resistance level would likely cap any upside.
In the event of a breakout, Ethereum could test the second major resistance level at $424.04.
Failure to avoid a fall through the $402.62 pivot would bring the first major support level at $393.47 into play.